EXHIBIT 99.1

SONTRA MEDICAL CORPORATION

(A Development Stage Company)

Consolidated Balance Sheet

	As of September 30, 2003
	(Unaudited)
ASSETS:
Current Assets:
Cash and cash equivalents	$	2,800,434
Accounts receivable, net		1,500,000
Prepaid expenses and other current assets		97,047
Total current assets		4,397,481
Property and Equipment, at cost		746,480
Less-Accumulated depreciation and amortization		(460,624	)
Net property and equipment		285,856
Restricted Cash		148,746
Other Assets		74,972
Total assets	$	4,907,055
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	287,828
Accrued expenses		299,052
Total current liabilities		586,880
Commitments
Stockholders’ Equity:
Common stock		94,251
Additional paid-in capital		18,109,456
Series A Convertible Preferred Stock		3,223,958
Deferred stock-based compensation		(423,253	)
Deficit accumulated during the development stage		(16,684,237	)
Total stockholders’ equity		4,320,175
Total liabilities and stockholders’ equity	$	4,907,055